ABN AMRO MORTGAGE CORP SERIES 1998-5
8-K, 2001-01-09
ASSET-BACKED SECURITIES
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report: January 25, 1999
(Date of earliest event reported)


ABN AMRO Mortgage Corporation
(Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-5)
Exact name of registrant as specified in charter)


Delaware 333-57027 363886007
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)



181 West Madison Street Chicago, Illinois 60602
(Address of principal executive offices) (Zip Code)


Registrants Telephone Number, including area code
(248) 643-2530


(Former name or former address, if changed since
last report.)
















ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS


(c) Exhibits


Exhibit No. Description


Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing Agreement
for the distribution on December 26, 2000.


Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on behalf of the Registrant by the undersigned
thereunto duly authorized.

LASALLE NATIONAL BANK, IN
ITS CAPACITY AS AGENT
FOR THE TRUSTEE
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF ABN AMRO Mortgage
Corporation, REGISTRANT



By:

/s/ Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President



Date: December 26, 2000

















ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 12/26/2000
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER PAYMENT DATE: 12/26/2000
135 S. LASALLE STREET SUITE 1625
CHICAGO, IL 60603-4159
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-5 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8063-10-8
ADMINISTRATOR: REPORTING PACKAGE TABLE OF CONTENTS ANALYST:
SHARON BRYANT (312) 904-6709 TRACEY GOOCH (252)
[email protected] [email protected]
PAGE(S)
ISSUE ID: ABN98005 CLOSING DATE: 12/23/1998
STATEMENTS TO CERTIFICATEHOLDERS PAGE 2-4
ASAP #: 379 CASH RECONCILIATION SUMMARY PAGE 5 FIRST PAYMENT DATE: 1/25/1999
MONTHLY DATA FILE NAME: BOND INTEREST RECONCILIATION PAGE 6 ASSUMED FINAL PAYMENT: DATE: 1/25/2029
ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY PAGE 7
ABN98005_200012_3.EXE OTHER RELATED INFORMATION PAGE 8
REALIZED LOSS DETAIL PAGE 9
PARTIES TO THE TRANSACTION
ISSUER: ABN AMRO INC.
DEPOSITOR: ORLAND/HAWTHORNE PARTNERSHIP
UNDERWRITER: BEAR STEARNS & CO.
MASTER SERVICER: LASALLE HOME MORTGAGE CORPORATION
SPECIAL SERVICER: LASALLE HOME MORTGAGE CORPORATION
RATING AGENCY: STANDARD & POOR'S CORPORATION/FITCH, INC.
INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES
LASALLE WEB SITE WWW.LNBABS.COM
SERVICER WEB SITE
LASALLE BULLETIN BOARD (714) 282-3990
LASALLE ASAP FAX BACK SYSTEM (714) 282-5518
LASALLE FACTOR LINE (800) 246-5761
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A. PAGE 1 OF 9
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 12/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 12/26/2000
WAC: 7.069741% SERIES 1998-5 PRIOR PAYMENT: 11/27/2000
NEXT PAYMENT: 01/25/2001
WAMM: 308
RECORD DATE: 11/30/2000
CURRENT INDEX: 6.620000%
NEXT INDEX: 6.821250% REMIC II
ABN AMRO ACCT: 67-8063-10-8
ORIGINAL OPENING PRINCIPAL PRINCIPAL NEGATIVE CLOSING INTEREST INTEREST PASS-THROUGH
CLASS FACE VALUE (1) BALANCE PAYMENT ADJ. OR LOSS AMORTIZATION BALANCE PAYMENT (2) ADJUSTMENT RATE
CUSIP PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 NEXT RATE(3)
A-1 10,299,000.00 10,299,000.00 0.00 0.00 0.00 10,299,000.00 51,495.00 0.00 6.00000000%
00077BDR1 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.000000000 0.000000000 FIXED
A-2 17,661,000.00 17,661,000.00 0.00 0.00 0.00 17,661,000.00 89,040.88 0.00 6.05000000%
00077BDS9 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.041666950 0.000000000 FIXED
A-3 45,022,000.00 45,022,000.00 0.00 0.00 0.00 45,022,000.00 232,613.67 0.00 6.20000000%
00077BDT7 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.166666741 0.000000000 FIXED
A-4 97,921,000.00 64,182,799.49 931,379.14 0.00 0.00 63,251,420.35 320,914.00 0.00 6.00000000%
00077BDU4 655.454902319 9.511536238 0.000000000 0.000000000 645.943366081 3.277274538 0.000000000 FIXED
A-5 46,804,614.00 52,276,658.03 8,787.98 0.00 273,274.67 52,541,144.72 93,430.15 0.00 8.41763420%
00077BDV2 1116.912491362 0.187758839 0.000000000 5.838626722 1122.563359245 1.996173924 0.000000000 8.396411343%
A-6 8,084,625.00 5,389,787.87 0.00 0.00 0.00 5,389,787.87 33,551.43 0.00 7.47000000%
00077BEA7 666.671350867 0.000000000 0.000000000 0.000000000 666.671350867 4.150029222 0.000000000 7.671250000%
A-7 2,694,875.00 1,796,595.95 0.00 0.00 0.00 1,796,595.95 6,871.98 0.00 4.59000000%
00077BEB5 666.671348393 0.000000000 0.000000000 0.000000000 666.671348393 2.550018090 0.000000000 3.986250000%
A-8 3,884,200.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.75000000%
00077BEC3 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 FIXED
A-9 3,259,834.00 N 2,431,141.22 0.00 0.00 0.00 2,424,539.65 13,675.17 0.00 6.75000000%
00077BED1 745.786816138 0.000000000 0.000000000 0.000000000 743.761691546 4.195051036 0.000000000 6.750000000%
A-10 82,107.00 N 63,974.39 0.00 0.00 0.00 63,690.77 359.86 0.00 6.75000000%
00077BEE9 779.158780616 0.000000000 0.000000000 0.000000000 775.704507533 4.382817543 0.000000000 6.750000000%
A-11 1,872,184.00 2,091,065.81 351.52 0.00 10,930.99 2,101,645.28 3,737.21 0.01 8.41763654%
00077BEF6 1116.912552399 0.187759323 0.000000000 5.838630177 1122.563423253 1.996176658 0.000005341 8.396413697%
M 4,880,000.00 4,749,657.81 6,253.45 0.00 0.00 4,743,404.36 26,716.83 0.00 6.75000000%
00077BEL3 973.290534836 1.281444672 0.000000000 0.000000000 972.009090164 5.474760246 0.000000000 FIXED
B-1 1,952,100.00 1,899,960.44 2,501.51 0.00 0.00 1,897,458.93 10,687.28 0.00 6.75000000%
00077BEM1 973.290528149 1.281445623 0.000000000 0.000000000 972.009082527 5.474760514 0.000000000 FIXED
B-2 976,000.00 949,931.58 1,250.69 0.00 0.00 948,680.89 5,343.37 0.00 6.75000000%
00077BEN9 973.290553279 1.281444672 0.000000000 0.000000000 972.009108607 5.474764344 0.000000000 FIXED
B-3 732,000.00 712,448.66 938.02 0.00 0.00 711,510.64 4,007.52 0.00 6.75000000%
00077BEQ2 973.290519126 1.281448087 0.000000000 0.000000000 972.009071038 5.474754098 0.000000000 FIXED
B-4 488,000.00 474,965.76 625.35 0.00 0.00 474,340.41 2,671.68 0.00 6.75000000%
00077BER0 973.290491803 1.281454918 0.000000000 0.000000000 972.009036885 5.474754098 0.000000000 FIXED
B-5 732,070.84 712,516.95 938.11 0.00 0.00 711,578.84 4,007.91 0.00 6.75000000%
00077BES8 973.289620442 1.281447025 0.000000000 0.000000000 972.008173417 5.474757060 0.000000000 FIXED
R (COMPONENT R-2) 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.75000000%
00077BEP4 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 FIXED
TOTAL 244,003,768.84 208,218,388.35 953,025.77 0.00 284,205.66 207,549,568.24 899,123.94 0.01
TOTAL P&I PAYMENT 1,852,149.71
REG 244,003,768.00 208,218,388.24 668,820.11 0.00 0.00 207,549,568.13 1,183,329.56 0.00 6.81974099%
NONE 853.340872343 2.741023696 0.000000000 0.000000000 850.599848647 4.849636420 0.000000000 FIXED
R-1 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 N/A
NONE 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000041 0.000000041
TOTAL 244,003,768.00 208,218,388.24 668,820.11 0.00 0.00 207,549,568.13 1,183,329.57 0.01
TOTAL P&I PAYMENT 1,852,149.68
NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A. PAGE 2 OF 9
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 12/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 12/26/2000
PRIOR PAYMENT: 11/27/2000
SERIES 1998-5 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8063-10-8
CASH RECONCILIATION SUMMARY
INTEREST SUMMARY SERVICING FEE SUMMARY PRINCIPAL SUMMARY
CURRENT SCHEDULED INTEREST 1,172,202.06 CURRENT SERVICING FEES 41,500.32 SCHEDULED:
LESS DEFERRED INTEREST 0.00 PLUS FEES ADVANCED FOR PPIS 0.00 CURRENT SCHEDULED PRINCIPAL 266,459.13
PLUS ADVANCE INTEREST 52,627.84 LESS REDUCTION FOR PPIS 0.00 ADVANCED SCHEDULED PRINCIPAL 10,916.14
PLUS UNSCHEDULED INTEREST 0.00 PLUS UNSCHEDULED SERVICING FEES 0.00 SCHEDULED PRINCIPAL DISTRIBUTION 277,375.27
PPIS REDUCING SCHEDULED INTEREST 0.00 TOTAL SERVICING FEES PAID 41,500.32 UNSCHEDULED:
LESS TOTAL FEES PAID TO SERVICER (41,500.32) CURTAILMENTS 143,036.55
PLUS FEES ADVANCED FOR PPIS 0.00 PREPAYMENTS IN FULL 248,408.29
LESS FEE STRIPS PAID BY SERVICER 0.00 PPIS SUMMARY LIQUIDATION PROCEEDS 0.00
LESS MISC. FEES & EXPENSES 0.00 GROSS PPIS 0.00 REPURCHASE PROCEEDS 0.00
LESS NON RECOVERABLE ADVANCES 0.00 REDUCED BY PPIE 0.00 OTHER PRINCIPAL PROCEEDS 0.00
INTEREST DUE TRUST 1,185,498.51 REDUCED BY SHORTFALLS IN FEES 0.00 UNSCHEDULED PRINCIPAL DISTRIBUTION 391,444.84
LESS TRUSTEE FEE (2,168.94) REDUCED BY OTHER AMOUNTS 0.00 REMITTANCE PRINCIPAL 668,820.11
LESS FEE STRIPS PAID BY TRUST 0.00 NET PPIS 0.00
LESS MISC. FEES PAID BY TRUST 0.00 PPIS REDUCING SERVICING FEE 0.00 SERVICER WIRE AMOUNT 1,854,318.62
REMITTANCE INTEREST 1,183,329.57 PPIS ALLOCATED TO CERTIFICATES 0.00
POOL BALANCE SUMMARY
BALANCE/AMOUNT COUNT
BEGINNING POOL 208,218,389.83 638
SCHEDULED PRINCIPAL DISTRIBUTION 277,375.27
UNSCHEDULED PRINCIPAL DISTRIBUTION 391,444.84 1
DEFERRED INTEREST 0.00
LIQUIDATIONS 0.00 0
REPURCHASES 0.00 0
ENDING POOL 207,549,569.72 637
ADVANCES
PRIOR OUTSTANDING CURRENT PERIOD RECOVERED ENDING OUTSTANDING
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
MADE BY: 14,870.66 60,218.71 10,916.14 52,627.84 12,866.40 58,296.56 12,920.40 54,549.99
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A. PAGE 5 OF 9
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 12/26/2000
PAYMENT DATE: 12/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-5
NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8063-10-8
BOND INTEREST RECONCILIATION
DEDUCTIONS ADDITIONS
REMAINING
ACCRUAL PASS ACCRUED ADD.
DEFERRED &
PRIOR PREPAY- OTHER DISTRIBUTABLE INTEREST OUTSTANDING
CREDIT SUPPORT
THRU CERTIFICATE ALLOCABLE TRUST ACCRETION INTEREST INT. SHORT- MENT INTEREST CERTIFICATE PAYMENT INTEREST
CLASS METHOD DAYS RATE INTEREST PPIS EXPENSE (1) INTEREST LOSSES FALLS DUE PENALTIES PROCEEDS (2)
INTEREST
AMOUNT SHORTFALLS ORIGINAL CURRENT(3)
A-1 30/360 30 6.000000000% 51,495.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 51,495.00 51,495.00 0.00 2.67% 3.41%
A-2 30/360 30 6.050000000% 89,040.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 89,040.88 89,040.88 0.00 2.67% 3.41%
A-3 30/360 30 6.200000000% 232,613.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 232,613.67 232,613.67 0.00 2.67% 3.41%
A-4 30/360 30 6.000000000% 320,914.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 320,914.00 320,914.00 0.00 2.67% 3.41%
A-5 30 8.417634202% 366,704.82 0.00 0.00 273,274.67 0.00 0.00 0.00 0.00 366,704.82 93,430.15 0.00 2.67% 3.41%
A-6 30/360 30 7.470000000% 33,551.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 33,551.43 33,551.43 0.00 2.67% 3.41%
A-7 30/360 30 4.590000000% 6,871.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,871.98 6,871.98 0.00 2.67% 3.41%
A-8 30/360 30 6.750000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.67% 3.41%
A-9 30/360 30 6.750000000% 13,675.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13,675.17 13,675.17 0.00 NA NA
A-10 30/360 30 6.750000000% 359.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 359.86 359.86 0.00 NA NA
A-11 30 8.417636539% 14,668.19 0.00 0.00 10,930.99 0.00 0.00 0.00 0.00 14,668.19 3,737.21 0.00 2.67% 3.41%
M 30/360 30 6.750000000% 26,716.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26,716.83 26,716.83 0.00 0.64% 1.10%
B-1 30/360 30 6.750000000% 10,687.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10,687.28 10,687.28 0.00 0.00% 0.17%
B-2 30/360 30 6.750000000% 5,343.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,343.37 5,343.37 0.00 0.00% 0.00%
B-3 30/360 30 6.750000000% 4,007.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,007.52 4,007.52 0.00 0.00% 0.00%
B-4 30/360 30 6.750000000% 2,671.68 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,671.68 2,671.68 0.00 0.00% 0.00%
B-5 30/360 30 6.750000000% 4,007.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,007.91 4,007.91 0.00 0.00% 0.00%
R (COMPONENT R-2) 30/360 30 6.750000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.67% 3.41%
1,183,329.59 0.00 0.00 284,205.66 0.00 0.00 0.00 0.00 1,183,329.59 899,123.94 0.00
(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST.
(2) OTHER INTEREST PROCEEDS INCLUDE DEFAULT INTEREST, PPIE, INTEREST DUE ON OUTSTANDING LOSSES, INTEREST DUE ON OUTSTANDING SHORTFALLS AND RECOVERIES OF INTEREST.
(3) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
PAGE 6 OF 9
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 12/26/2000
PAYMENT DATE: 12/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-5
NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8063-10-8
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
DELINQUENCY AGING CATEGORIES SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH DELINQ 2 MONTHS DELINQ 3+ MONTHS FORECLOSURE REO MODIFICATIONS SPECIALLY SERVICED BANKRUPTCY
# BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE
12/26/00 1 462,465 0 0 1 231,641 0 0 0 0 0 0 0 0 0 0
0.16% 0.00% 0.00% 0.00% 0.16% 0.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
11/27/00 0 0 1 231,864 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.16% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
10/25/00 1 232,086 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.16% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9/25/00 0 0 1 245,212 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.16% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
8/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
7/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
6/26/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5/25/00 2 582,964 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
3/27/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1/25/00 2 652,705 0 0 0 0 0 0 0 0 0 0 0 0 0 0
12/27/99 2 557,812 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11/26/99 1 301,750 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10/25/99 1 393,720 0 0 0 0 0 0 0 0 0 0 0 0 0 0
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A. PAGE 7 OF 9
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 12/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 12/26/2000
PRIOR PAYMENT: 11/27/2000
SERIES 1998-5 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8063-10-8
OTHER RELATED INFORMATION
SPECIAL HAZARD COVERAGE FRAUD LOSS COVERAGE BANKRUPTCY LOSS COVERAGE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
2,440,029.00 0.00 2,440,029.00 2,440,029.00 0.00 2,440,029.00 100,000.00 0.00 100,000.00
TOTAL
NUMBER OF PAYOFFS: 1
AGGREGATE PAYOFF AMOUNTS: 248,408.29
NUMBER OF CURTAILMENTS: 131
AGGREGATE CURTAILMENT AMOUNTS: 142,525.84
NUMBER OF LOANS IN FORECLOSURE: 0
BOOK VALUE OF LOANS IN FORECLOSURE: 0.00
PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 0.00
CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 0.00
CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF: 0.00
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A. PAGE 8 OF 9
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 12/26/2000
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER PAYMENT DATE: 12/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 11/27/2000
SERIES 1998-5 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8063-10-8
REALIZED LOSS DETAIL
BEGINNING
SCHEDULED
BALANCE
GROSS PROCEEDS
AS A % OF
SCHED. BALANCE
AGGREGATE
LIQUIDATION
EXPENSES *
NET
LIQUIDATION
PROCEEDS
NET PROCEEDS
AS A % OR
SCHED. BALANCE
PERIOD
DISCLOSURE
CONTROL #
APPRAISAL
DATE
APPRAISAL
VALUE
GROSS
PROCEEDS
REALIZED
LOSS
CURRENT TOTAL
CUMULATIVE
* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..
12/20/2000 - 04:59 (C069-C086) 2000 LASALLE BANK N.A. PAGE 9 OF 9


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